[3] Within that Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, which is one of Germany's largest private sector financial service organizations and manages assets of around 1.175 trillion euros,[3] DZ Bank functions both as a central institution and as a corporate and investment bank.

The DZ Bank Group includes: Bausparkasse Schwäbisch Hall, a building society; DZ HYP (German pronunciation: [deː t͡sɛt ˈhyp aːˌɡeː] ⓘ), a provider of commercial real estate finance; DZ Privatbank Gruppe; R+V Versicherung, an insurance company; TeamBank, a provider of consumer finance; Union Investment Group, an asset management company; VR Smart Finanz; and various other specialized institutions.

It maintains branches, subsidiaries and representative offices in key financial centers and economic regions worldwide.

The DZ Bank building in Berlin, located at Pariser Platz 3, was designed by architect Frank Gehry.

[5][6] DZ Bank is a shareholder of Canadian oil and gas company TC Energy, which is behind the controversial Coastal GasLink Pipeline slated to be built on unceded Wet'suwet'en Nation territory in Northern British Columbia.